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Hyundai ratifies Arafura offtake deal

The deal was welcomed by NT chief minister Natasha Fyles and mining minister Nicole Manison.

Karma Barndon
Hyundai vice-president Park Chan Young and Gavin Lockyer signing the offtake agreement at a ceremony in South Korea.

Hyundai vice-president Park Chan Young and Gavin Lockyer signing the offtake agreement at a ceremony in South Korea.

Under the terms of the offtake agreement Hyundai and its subsidiary Kia can choose to be supplied with either neodymium and praseodymium oxide or the equivalent neodymium and praseodymium metal. The...

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